Kamdhenu Ventures Limited announced the resignation of Nikhil Sukhija (ACS 66209) from his position as Company Secretary and Compliance Officer, effective October 15, 2025. The company disclosed this information in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Dual Role Resignation

Sukhija's resignation extends beyond Kamdhenu Ventures Limited. He has also stepped down from his role as Company Secretary of Kamdhenu Colour and Coatings Limited, a wholly owned and material subsidiary of Kamdhenu Ventures Limited. Both resignations will take effect at the close of business on October 15, 2025.

Reasons for Departure

In his resignation letter dated September 16, 2025, Sukhija cited his decision to pursue career opportunities outside the organization that align more closely with his long-term career aspirations and personal goals. He expressed that the decision was not an easy one, given his rewarding experience with the Kamdhenu Group.

Gratitude and Transition

Sukhija conveyed his sincere gratitude for the professional growth opportunities provided during his tenure at Kamdhenu. He acknowledged the valuable experience gained and the privilege of working with a dedicated and supportive team. In his letter, Sukhija also offered to assist in ensuring a smooth transition and handover of his responsibilities.

Company's Response

Kamdhenu Ventures Limited, in its regulatory filing, acknowledged Sukhija's contributions and confirmed that he would continue in his roles until the closing hours of October 15, 2025. The company has not yet announced a successor for the positions.

Regulatory Compliance

The resignations were disclosed in separate filings for Kamdhenu Ventures Limited and Kamdhenu Colour and Coatings Limited, adhering to the SEBI regulations. These disclosures included detailed information as required by SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Investors and stakeholders of Kamdhenu Ventures Limited may want to monitor further announcements regarding the appointment of a new Company Secretary and Compliance Officer as the transition unfolds.

Kamdhenu Ventures Limited , a leading player in the Indian decorative paints segment, has announced its financial results for the first quarter, revealing a mixed performance amidst a challenging market environment.

Financial Highlights

For the quarter ended June 30, Kamdhenu Ventures reported:

• Consolidated revenue from operations of Rs 50.24 crore, down 7.75% from Rs 54.46 crore in the same quarter last year.
• Consolidated EBITDA of Rs 3.30 crore, compared to Rs 3.90 crore in the corresponding quarter of the previous year, with EBITDA margin contracting to 6.60% from 7.20%.
• Consolidated net profit of Rs 87.29 lakh, a significant decrease of 45.25% from Rs 159.42 lakh in the corresponding quarter of the previous year.

Operational Performance

The company's performance reflects the current challenging macroeconomic environment and heightened competitive pressures in the paint industry. Despite these headwinds, Kamdhenu Ventures maintained profitability at the PAT level.

Strategic Initiatives

Saurabh Agarwal, Managing Director of Kamdhenu Ventures, highlighted several key initiatives undertaken during the quarter:

1. Enhanced brand visibility
2. Expansion of distribution network
3. Launch of innovative product offerings across key markets

These efforts are aimed at building a strong foundation for long-term growth, even as the company navigates short-term market challenges.

Product Development

Kamdhenu Ventures is in the advanced stages of developing a range of premium wood-finishing products. The company expects these new offerings to drive strong volumes and contribute significantly to sales in the coming quarters, potentially enhancing the overall product mix and deepening customer loyalty.

Market Outlook

While the Indian paint industry continues to present significant long-term growth opportunities, the near-term competitive landscape has intensified. Several players in the market have resorted to higher discounting to capture market share. However, Kamdhenu Ventures expects this competitive intensity to eventually normalize.

Financial Position

The company maintains a healthy balance sheet, which, combined with its strong brand recall and wide-reaching distribution network, positions it well to withstand cyclical pressures and capture emerging opportunities.

Corporate Governance

In a move to strengthen its financial oversight, the Board of Directors has approved the appointment of M/s DSP & Associates, Chartered Accountants, as the new Statutory Auditors of the company. This appointment, subject to shareholder approval, is for a term of five years, from the conclusion of the 6th AGM until the 11th AGM.

Looking Ahead

Despite the current demand environment challenges, Kamdhenu Ventures remains cautiously optimistic about resuming its growth trajectory. The company plans to focus on continued expansion, innovation, and operational excellence to navigate the market conditions effectively.

As the paint industry in India continues to evolve, driven by factors such as rising disposable incomes, rapid urbanization, and increasing demand for premium and decorative coatings, Kamdhenu Ventures is positioning itself to capitalize on these long-term trends while managing short-term market fluctuations.